tandberg

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  • TV centric Ericsson drops Tandberg name


    Broadband TV NewsAuthority Authority: 520
    Ericsson has confirmed it will drop the Tandberg Television brand from January 25.The Swedish telecom infrastructure company paid $1.39 billion (€930.2 million) for Tandberg in February 2007, topping an earlier $1.2 billion attempt made by Arris. It has subsequently brought the two organisations together, sharing ...
    2 days ago
  • Making Amends, Cisco Boosts Tandberg Offer


    Twilight in the Valley of the NerdsAuthority Authority: 434
    In boosting its all-cash offer for Tandberg from $3 billion to approximately $3.4 billion, Cisco grudgingly acknowledged that it misread the situation on its initial approach. When Cisco put together its first acquisition bid for the Norwegian videoconferencing-systems vendor, it failed to grasp the dynamics of the ...
    1 week ago
  • Japanese supercomputer project may be killed


    Computerworld BlogsAuthority Authority: 444
    In todays podcast : Japanese supercomputer project may be killed; Microsoft co-founder Allen diagnosed with lymphoma; and Cisco raises its offer for Tandberg. read more
    1 week ago
  • Why Cisco Sweetened Its Deal For Tandberg


    Telepresence Options - Main News Content ChannelAuthority Authority: 114
    By Peter Burrows @ Business Week Cisco has sweetened its acquisition offer for Norway-based videoconferencing company Tandberg by 11%, to $3.4 billion. That should be enough to satisfy the 90%-plus of investors who had withheld their support for the existing deal. The company says more than 40% of Tandberg ...
    1 week ago
  • Cisco Raises Bid for Tandberg of Norway


    Business Finance & Economy - business.marc8.comAuthority Authority: 166
    The network equipment maker Cisco on Monday raised its bid for Norwegian videoconferencing equipment maker Tandberg.
    1 week ago
  • Cisco raises Tandberg offer to $3.41 bn


    Thaindian NewsAuthority Authority: 726
    San Francisco, Nov 17 (DPA) Networking giant Cisco Systems Monday raised its offer to buy Norwegian video communications company Tandberg by 11 percent - to $3.41 billion - after the company’s previous bid failed to win sufficient support from Tandberg shareholders.Cisco said that the bid was its last offer and ...
    1 week ago
  • Cisco offers new price to acquire TANDBERG


    Telecom Industry NewsAuthority Authority: 146
    Okay, Tandberg were increasing our offer to buy you to $3.39 billion, says Cisco, but this is it. As reported in the Wall Street Journal , Cisco said its latest offer, which will expire on December 1st "represents the offerors final price for this transaction." At this stage, Ciscos revised offer has been accepted ...
    1 week ago
  • Cisco boosts bid for Tandberg to $3.41 billion


    Northloop Neighborhoods - Community News & DirectoryAuthority Authority: 168
    After its initial bid got the cold shoulder, Cisco has upped its buyout offer for the video conferencing equipment maker.
    1 week ago
  • Cisco Yields to Tandberg Shareholders


    GigaOMAuthority Authority: 790
    Cisco said today it would up its offer to buy Tandberg to $3.4 billion — a boost of $400 million over its original bid, made last month — and said 40 percent of Tandberg’s shareholders have so far accepted the deal (Cisco needs 90 percent). About two weeks after the networking giant offered to buy the ...
    1 week ago
  • Cisco to Tandberg Shareholders: OK, You’ll Accept $3.4 billion and Like It …


    Digital DailyAuthority Authority: 691
    Cisco (CSCO) strongly believed that its first bid for videoconferencing equipment manufacturer Tandberg was a very good price for the company’s shareholders . It felt as well that “no acquisition should be pursued or completed if it runs counter to the broader principles of prudence and financial fairness.” ...
    1 week ago
  • Cisco raises bid for Tandberg to $3.4 billion (AP)


    PC Mike - Tech News and ReviewsAuthority Authority: 165
    AP – Cisco Systems Inc. said Monday it raised its bid for Norway’s Tandberg ASA after only a fraction of Tandberg shareholders agreed to Cisco’s initial offer. See the original post here: (AP)"> (AP)">Cisco raises bid for Tandberg to $3.4 billion (AP)
    1 week ago
  • Cisco Raises Bid for Tandberg of Norway


    NYT > Global HomeAuthority Authority: 152
    Cisco’s new bid values the video conferencing equipment maker at $3.41 billion.
    1 week ago
  • Cisco Raises Offer for Tandberg


    DealBookAuthority Authority: 772
    Cisco on Monday raised its bid for Norwegian video conferencing equipment maker Tandberg by about 11 percent, gaining the acceptance of the targets two largest shareholders with the new offer.
    1 week ago
  • Dealzone Daily


    DealZoneAuthority Authority: 526
    Cisco says more than 40 percent of Tandberg shareholders are  backing its bid for the Norwegian group now that Cisco has raised its offer to value the group at $3.4 billion. Canon plans to buy Dutch copier and printer maker Oce for $1.1 billion. For these, and other merger Monday stories, click here . ...
    1 week ago
  • Cisco ups Tandberg bid, says has more than 40 percent backing


    Business BlogAuthority Authority: 172
    OSLO (Reuters) - U.S. network equipment maker Cisco has raised its bid for Norwegian video conferencing equipment maker Tandberg, backed by holders of more than 40 percent of its shares, few of whom had warmed to its previous bid. View original here: Cisco ups Tandberg bid, says has more than 40 percent backing [...]
    1 week ago
  • Google + Gizmo5 = More Disruption


    Jon Arnold's Analyst 2.0 BlogAuthority Authority: 124
    Voice continues to be a really interesting space, and while I was attending Ciscos Collaboration Summit this week, a couple of notable developments took place. On the topic of disruption, Cisco is doing its best to upset the apple cart and reinvent itself as a software company. During their summit, we got a steady ...
    1 week ago
  • Video Conferencing Consolidation in Full Swing


    Sramana Mitra on StrategyAuthority Authority: 565
    Ever since I first covered Polycom (NASDAQ:PLCM) two years ago, I have speculated about consolidation in the sector. Videoconferencing has gained importance due to globalization, offshoring, the financial crisis and the attendant recession, and the need to save more in travel dollars. Now there is... ..
    2 weeks ago
  • With Video Conferencing Deals, Polycom in Sharp Focus


    GigaOMAuthority Authority: 790
    First Cisco Systems decided to buy Norwegian video conferencing equipment maker Tandberg for about $3 billion. Yesterday, Logitech, a Swiss computer peripherals maker acquired LifeSize, an Austin, Texas-based private company for about $405 million in cash. The two deals have brought the fast-growing but ...
    2 weeks ago
  • With Video Conferencing Deals, Polycom in Sharp Focus


    IT Professionals Database (ITPD) - The European IT Professionals Database Networking PlatformAuthority Authority: 146
    First Cisco Systems decided to buy Norwegian video conferencing equipment maker Tandberg for about $3 billion. Yesterday, Logitech, a Swiss computer peripherals maker acquired LifeSize, an Austin, Texas-based private company for about $405 million in cash. The two deals have brought the fast-growing but ...
    2 weeks ago
  • Nordic freeze-out for Cisco


    Inorganic GrowthAuthority Authority: 121
    Contact: Brenon Daly With a fat treasury and well-drilled deal team, Cisco Systems typically storms through acquisitions. Over the past five years, the networking giant has announced some 50 purchases, including more than a few that combined big money and quick moves. (For instance, several sources have ...
    2 weeks ago

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